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IonQ, Inc. (IONQ) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2025-02-04 23:56
Company Performance - IonQ, Inc. closed at $41.86, reflecting a +0.94% change from the previous day, outperforming the S&P 500's gain of 0.72% [1] - The stock has experienced an 18.8% decline over the past month, contrasting with the Computer and Technology sector's loss of 1.35% and the S&P 500's gain of 1.02% [1] Earnings Projections - IonQ, Inc. is expected to report earnings of -$0.25 per share, indicating a year-over-year decline of 25% [2] - The Zacks Consensus Estimate for revenue is projected at $9.14 million, representing a 49.59% increase from the previous year [2] Analyst Estimates - Recent changes to analyst estimates for IonQ, Inc. are crucial as they reflect short-term business trends and analyst sentiment regarding the company's profitability [3] - Positive estimate revisions are indicative of analyst optimism about the company's business outlook [3] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong historical performance, with 1 rated stocks delivering an average annual return of +25% since 1988 [5] - IonQ, Inc. currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining steady over the past month [5] Industry Context - The Computer - Integrated Systems industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 158, placing it in the bottom 38% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
Is IonQ Stock a Buy for 2025?
The Motley Fool· 2025-01-29 01:15
Core Insights - The quantum computing sector is emerging as a potential investment opportunity, with IonQ being highlighted as a leading company in this space [1][2][3] Company Overview - IonQ's technology allows its quantum computers to operate at room temperature, unlike many competitors that require extremely low temperatures [4] - The company has made strategic acquisitions, such as Qubitekk, to enhance its quantum computer networking capabilities [5] - IonQ has achieved a significant milestone with its quantum computers reaching 99.9% accuracy, which is crucial for expanding its customer base [5] Customer Base - IonQ has secured a $54.5 million contract with the U.S. Air Force Research Lab for quantum computer networking capabilities [6] - Other notable clients include Hyundai Motors, which is utilizing IonQ's technology for self-driving vehicles, and Airbus, focusing on cargo optimization [6] Financial Performance - IonQ reported a 102% year-over-year revenue growth in Q3, reaching $12.4 million, and anticipates at least $38.5 million in full-year sales for 2024, representing a 75% increase from 2023 [7] - The company's balance sheet shows strong financial stability, with total assets of $497.9 million against liabilities of $62.2 million, and cash reserves of $382.8 million [8] Profitability Challenges - Despite its growth, IonQ is currently not profitable, reporting a Q3 net loss of $52.5 million, which is an increase from the previous year's loss [9] - The company aims for profitability with projected sales of nearly $1 billion by 2030, indicating a need for substantial growth [10] Market Position and Competition - The quantum computing industry is still in its early stages, with significant challenges related to scaling and error reduction expected to persist until 2030 [11] - IonQ faces competition from major players like Microsoft, which could impact its long-term market position [12] Investment Consideration - IonQ is considered a speculative investment for 2025, appealing primarily to investors with a high risk tolerance due to its current operating losses and competitive landscape [13]
IonQ, Inc. (IONQ) Rises But Trails Market: What Investors Should Know
ZACKS· 2025-01-28 23:56
The latest trading session saw IonQ, Inc. (IONQ) ending at $38.86, denoting a +0.83% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.92% for the day. At the same time, the Dow added 0.31%, and the tech-heavy Nasdaq gained 2.03%.Prior to today's trading, shares of the company had lost 12.98% over the past month. This has lagged the Computer and Technology sector's loss of 2.99% and the S&P 500's gain of 0.81% in that time.Investors will be eagerly watch ...
Where Will IonQ Stock Be in 10 Years?
The Motley Fool· 2025-01-27 09:50
The divisive quantum computing stock still has a murky future.IonQ (IONQ -1.43%) has been a divisive stock ever since its public debut in October 2021. The bulls were dazzled by the quantum computing company's growing list of contracts and bold claims of miniaturizing quantum processing units (QPUs), but the bears were skeptical about its ambitious growth plans.IonQ's stock opened at $10.60 on the first day after it went public by merging with a special purpose acquisition company (SPAC). It soared as high ...
IonQ, Inc. (IONQ) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-01-24 00:01
In the latest trading session, IonQ, Inc. (IONQ) closed at $41.35, marking a -1.64% move from the previous day. This change lagged the S&P 500's 0.53% gain on the day. Meanwhile, the Dow experienced a rise of 0.93%, and the technology-dominated Nasdaq saw an increase of 0.22%.Shares of the company witnessed a loss of 5.7% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 3.02% and the S&P 500's gain of 2.69%.The investment community will be closely moni ...
$QTUM, Defiance Quantum Computing ETF, Surpasses $1 Billion in AUM
Newsfilter· 2025-01-21 22:11
Quantum Computing ETF Milestone - Defiance ETFs' QTUM Quantum Computing ETF surpassed $1 billion in assets under management (AUM), reflecting growing momentum in quantum computing [1] - QTUM's value increased over 50% in 2024 (as of 12-31-24) [1] ETF Composition and Strategy - QTUM provides exposure to companies focused on quantum computing, including industry leaders D-Wave Quantum (NYSE:QBTS), IonQ (NYSE:IONQ), and Rigetti Computing (NASDAQ:RGTI) [2] - The ETF targets pure-play innovators driving technological growth in the AI era [2] Company Leadership and Vision - Defiance ETFs CEO Sylvia Jablonski emphasized QTUM's role in providing exposure to quantum computing innovation and its potential to revolutionize AI [3] - Defiance ETFs, founded in 2018, specializes in thematic, income, and leveraged ETFs [3] Index and Licensing Information - QTUM is based on the BlueStar Quantum Computing and Machine Learning Index™, licensed from BlueStar Global Investors LLC [9] - The index is a trademark of BlueStar Indexes® and is not directly investable [9] Distribution and Contact - QTUM is distributed by Foreside Fund Services, LLC [10] - Contact information for Defiance ETFs is provided, including a phone number and photo link [12]
Why IonQ Stock Was Climbing Today
The Motley Fool· 2025-01-21 19:18
Shares of IonQ (IONQ 14.06%), the high-flying quantum computing stock, were moving higher today after the company earned some recognition from Forbes and other media outlets.Given the volatility in the quantum computing sector, that was enough for IonQ to gain 14.7% as of 1:46 p.m. ET. IonQ is named a top pickIn a press release this morning, IonQ said that it was just named one of "America's Most Successful Mid-Cap Companies" by Forbes. Additionally, Investor's Business Daily named it one of its best compan ...
IonQ Soars Over 33% After Microsoft's Bold Call: What's Next?
Benzinga· 2025-01-16 13:40
Shares of IonQ Inc. IONQ enjoyed a quantum leap of 33.48% in a single day to close Wednesday at $39.39. The catalyst?A perfect storm of bullish momentum driving investor buying, including a Microsoft-powered tailwind and a $1 billion deal securing Maryland as the new epicenter of quantum computing.IonQ Stock: Bulls In Charge Chart created using Benzinga ProIonQ stock is up over 336% over the past six months. It is riding a strong bullish momentum, with its share price above the five, 20 and 50-day EMAs, sig ...
Why Rigetti Computing, IonQ, D-Wave Quantum, and Quantum Computing Stocks All Exploded Higher on Wednesday
The Motley Fool· 2025-01-15 16:41
Everyone is buying the wrong quantum stock today.What goes up must come down. But what goes down can shoot right back up again -- especially when it receives a big boost from Microsoft (MSFT 2.23%).This is what's happening on Wednesday, as quantum computing investors cheer some kind words from Microsoft's strategic missions and technologies chief, Mitra Azizirad, who last night urged quantum investors to get ready, because "we are right on the cusp of seeing quantum computers solve meaningful problems and c ...
Massive News for Rigetti Stock, IonQ Stock, Quantum Computing Stock, and D-Wave Stock Investors
The Motley Fool· 2025-01-15 15:11
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...